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HDFC Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for HDFC Bank Delhi Delhi New Delhi

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bombay Mercantile Co Op. Bank Ltd
Contact 011-4719910032
Bank Details Hdfc Bank Ltd Bombay Mercantile Co Op. Bank Ltd HDFC0CBMCDL
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110002
Country IN
Address 36, netaji subhash marg, darya ganj, new delhi 110002
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 110069002 for Bombay Mercantile Co Op. Bank Ltd branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 110069002 of HDFC Bank Ltd, Bombay Mercantile Co Op. Bank Ltd branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Bombay Mercantile Co Op. Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 159 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Bombay Mercantile Co Op. Bank Ltd

HDFC Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. HDFC Bank Ltd MICR code for Bombay Mercantile Co Op. Bank Ltd is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 110069002 is the MICR code of HDFC for Bombay Mercantile Co Op. Bank Ltd branch. MICR code for Bombay Mercantile Co Op. Bank Ltd branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for HDFC Bank Ltd Bombay Mercantile Co Op. Bank Ltd is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Bombay Mercantile Co Op. Bank Ltd branch in delhi

The MICR code 110069002 is used in RBI cheque clearing process to identify the branch Bombay Mercantile Co Op. Bank Ltd and HDFC Bank Ltd bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of HDFC is typically in either of these two font’s: E-138 and CMC-7.

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